Global Asset Servicing

With multiple money managers, asset classes and partnerships, managing and controlling the financial information of a family office can be arduous and time-consuming. Working with a global asset servicing provider gives you greater control and security, as well as thorough, consolidated reporting of all assets. Family offices rely on us daily to serve as a dedicated resource and extension of their existing operations.

We provide a range of asset servicing capabilities including master record-keeping, income collection, dividend payment and trade settlement across the broad spectrum of financial assets. You benefit from efficient processing, attentive service and consolidated information management at the click of a mouse via Wealth Passport.

The Global Family & Private Investment Office Practice provides not only worldwide reach — but also servicing of all asset classes, and unmatched aggregation and reporting capabilities for assets held by both Northern Trust and those held by third parties.

David W. Fox

David W. Fox

President, Global Family & Private Investment Offices

Dave Fox is President of the Global Family & Private Investment Offices Group and a member of the Operating Group of The Northern Trust Company. Prior to this role, Dave was Executive Vice President and Head of the Americas, Corporate & Institutional Services, with responsibility for all Northern Trust’s institutional businesses in North & South America. Along with those duties, Dave was Chairman of the Northern Trust Company, Canada, Chairman of the Americas Business Oversight Committee, and the Americas Executive Management Committee.

Dave joined Northern Trust in 2012 after 25+ years at J.P. Morgan in New York and London, where he was Vice Chairman of Investment Banking, a member of the firm’s Investment Banking Management Committee, and CEO of Midwest Investment Banking. Dave’s prior experience at J.P. Morgan included roles as head of investment banking for various global industry sectors (transportation, shipping, industrials, chemicals and real estate). During his career he has advised clients on numerous M&A, restructuring and capital raising activities.

Dave holds a B.S.F.S. from Georgetown University and has an M.B.A. in Finance from Columbia University’s Graduate School of Business. He serves on the Board of the Ann & Robert H. Lurie Children’s Hospital of Chicago, and the Goodman Theatre.

Learn More

In a feature article in Barron’s Penta, Jeff Kauffman, President of Global Family & Private Investment Offices, shares his insights on the trends he’s seeing with ultra-high-net-worth clients, and the ways in which Northern Trust is rising to the challenge to meet those needs.